WAY 2 VAT LTD. — Share Issue/Capital Change 2026

Mar 17, 2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

WAY 2 VAT LTD.

Date of this announcement

Wednesday March 18, 2026

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	OPTION EXPIRING 25-FEB-2036 EX $0.10	166,722	25/02/2026
to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

1 / 8

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

WAY 2 VAT LTD.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ARBN 637709114

1.3 ASX issuer code

W2V

1.4 The announcement is

New announcement

1.5 Date of this announcement

18/3/2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

2 / 8

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

3 / 8

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 3C - number and type of +securities the subject of this notification (new class)

==> picture [495 x 249] intentionally omitted <==

----- Start of picture text -----

ASX +security code +Security description
New class - code to be confirmed OPTION EXPIRING 25-FEB-2036 EX $0.10
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
25/2/2026
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02978513-6A1278278&v=undefined
----- End of picture text -----

Options Details +Security currency Exercise price Expiry date ILS - New Israeli Sheqel ILS 0.10000000 25/2/2036

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

W2V : ORDINARY FULLY PAID

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02978513-6A1278278&v=undefined

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

166,722

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

4 / 8

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

==> picture [540 x 710] intentionally omitted <==

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

5 / 8

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 4 - +Securities on issue

==> picture [21 x 22] intentionally omitted <==

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
W2V : ORDINARY FULLY PAID	222,358,627
4.2 Unquoted +securities (Total number of each +class of +securities issued but not	quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
W2VAP : OPTION EXPIRING 14-AUG-2033 EX $0.10	166,667
W2VAQ : OPTION EXPIRING 14-AUG-2033 EX $0.20	166,667
W2VAR : OPTION EXPIRING 14-AUG-2033 EX $0.30	166,667
W2VAA : OPTION EXPIRING 15-DEC-2028 EX $0.104	7,500,000
W2VAS : OPTION EXPIRING 03-OCT-2033 EX $0.10	1,266,600
W2VAT : OPTION EXPIRING 03-OCT-2033 EX $0.20	1,266,700
W2VAU : OPTION EXPIRING 03-OCT-2033 EX $0.30	1,266,700
W2VAB : PERFORMANCE OPTIONS	19,364,061
W2VAD : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES	9,375,395
W2VAE : OPTION EXPIRING 31-DEC-2028 EX $0.10	1,000,000
W2VAF : OPTION EXPIRING 31-DEC-2028 EX $0.15	3,000,000
W2VAG : OPTION EXPIRING 31-DEC-2028 EX $0.175	1,000,000
W2VAN : OPTION EXPIRING 23-JUN-2026 EX $0.20	500,000
W2VAO : OPTION EXPIRING 23-JUN-2026 EX $0.30	500,000
New class - code to be confirmed : OPTION EXPIRING 25-FEB-2036 EX $0.10	166,722

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

6 / 8

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

==> picture [540 x 710] intentionally omitted <==

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

7 / 8

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

13

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

8 / 8